Shiba Inu (SHIB) showed signs of recovery this week, rebounding to $0.00001213 following a sharp decline to a multi-month low of $0.00001031. The catalyst for the bounce came after U.S. President Donald Trump announced a 90-day pause on reciprocal tariffs, temporarily easing global financial tension.
The brief economic relief sent waves across financial markets, and SHIB surged nearly 20% from its weekly low, before slightly retracing to $0.00001198. However, despite the upward move, on-chain data suggests most SHIB investors remain underwater.
Only 10.4% of SHIB Holders Are in Profit
According to on-chain analytics from IntoTheBlock, only 10.40% of SHIB addresses, or approximately 482,970 wallets, are currently “in the money.” These addresses acquired SHIB at a price lower than its current value and collectively hold 102.43 trillion SHIB, worth around $1.22 billion at today’s price.
In contrast, 87.02% of SHIB wallets, or 898,230 addresses, are holding at a loss. These addresses acquired a combined 857.13 trillion SHIB above the current price of $0.00001198. Meanwhile, about 2.58% of wallets, roughly 63,680 holders, are break-even, with holdings totaling 25.42 trillion SHIB, equivalent to $304.53 million.
Long-Term SHIB Holders Stay Committed
Despite the significant portion of holders facing losses, SHIB continues to enjoy a strong community base. IntoTheBlock data shows that over 1.45 million on-chain wallets currently hold SHIB, positioning it among the most widely held tokens in the crypto market.
Interestingly, 77% of SHIB addresses have held the token for over a year, reflecting long-term conviction among holders. An additional 21% have maintained their positions between one month and a year, while only 2% of holders are considered new, having entered within the last month.
While market sentiment remains mixed, the Shiba Inu development team remains focused on future ecosystem upgrades. Lucie, SHIB’s marketing lead, recently addressed the community via social media, encouraging holders to ignore FUD and trust the development roadmap.
Lucie teased the upcoming launch of a new SHIB technology and hinted at additional significant projects in the pipeline. However, she acknowledged that these developments may take time before going live.
Related article: Shiba Inu’s $0.01 Dream: Can 589 Trillion Tokens Be Burned Into Reality?
Conclusion: Optimism Meets Reality for SHIB Holders
Shiba Inu’s recent rebound offers a moment of relief, but the reality for most holders remains grim. With nearly nine in ten wallets still at a loss, SHIB’s journey to recovery will likely require sustained growth, continued community faith, and successful rollout of its upcoming technologies.
As the market anticipates further moves, both investors and the development team appear ready to weather short-term volatility in pursuit of long-term impact.
